Income Tax Officer, Ward-15(4), Hyderabad V. Arun Kumar Etta, Hyderabad

ITA 1837/Hyd/2017

• Counselvise Citation: [2021] 107 COUNSELVISE.COM (IT) 4302 (ITAT-HYDERABAD)
• Duration Of Justice: 3 year(s) 10 month(s) 24 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 04-10-2021
• Appeal Filed By: Department
• Order Result: Dismissed
• Bench Allotted: DB-B
• Next Hearing Date: 28-09-2021
• Assessment Year: 2012-2013
• Appeal Filed On: 10-11-2017
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: T CHAITANYA KUMAR
• Section: 271(1)(c)

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL HYDERABAD BENCHES B : HYDERABAD (THROUGH VIDEO CONFERENCE) BEFORE SHRI S.S.GODARA, JUDICIAL MEMBER AND SHRI LAXMI PRASAD SAHU, ACCOUNTANT MEMBER I.T.A. NO. 1837/HYD/2017 ASSESSMENT YEAR: 2012-13 INCOME TAX OFFICER, WARD-15(4), HYDERABAD VS SHRI ARUN KUMAR ETTA, HYDERABAD [PAN: AAHPE9051G] (APPELLANT) (RESPONDENT) FOR REVENUE : SHRI ROHIT MUJUMDAR, DR FOR ASSESSEE : SHRI T.CHAITANYA KUMAR, AR DATE OF HEARING : 28-09-2021 DATE OF PRONOUNCEMENT : 04-10-2021 O R D E R PER S.S.GODARA, J.M. : THIS REVENUES APPEAL FOR AY.2012-13 ARISES FROM THE CIT(A)-7, HYDERABADS ORDER DATED 22-06-2017 PASSED IN CASE NO.188 / CIT(A)-7 / 2015-16, INVOLVING PROCEEDINGS U/S. 271(1)(C) OF THE INCOME TAX ACT, 1961 [IN SHORT, THE A CT]. 2. WE NOW ADVERT TO THE REVENUES SOLE SUBSTANTIVE GROU ND AGAINST THE CIT(A)S ACTION DELETING SECTION U/S.271( 1)(C) PENALTY OF RS.60,76,937/- IMPOSED IN THE ASSESSING O FFICERS ORDER DT.27-02-2015. ITA NO. 1837/HYD/2017 :- 2 -: 3. IT TRANSPIRES DURING THE COURSE OF HEARING AT THE OUTS ET THAT THE ASSESSING OFFICERS CORRESPONDING PENALTY SHO W CAUSE NOTICE DT.27-02-2015 NOWHERE SPECIFIED AS TO WHETHER TH E ASSESSEE HAD CONCEALED THE PARTICULARS OF INCOME OR FURNISHED INACCURATE PARTICULARS OF INCOME. WE QUOTE HON'BLE JURISDICTIONAL HIGH COURTS DECISION PR.CIT VS. BAIS ETTY REVATHI [398 ITR 88] (TELANGANA & AP) AND MOHD.FARHAN A.SHA IKH VS. DCIT (2021) [125 TAXMANN.COM 253] (BOM) (FB) THAT SUC H A FAILURE RENDERS THE ENTIRE PENAL MECHANISM AS INVALID . WE THEREFORE UPHOLD THE CIT(A)S ACTION DELETING THE IMPUG NED PENALTY ON THIS PRECISE LEGAL ISSUE ALONE. 4. THIS REVENUES APPEAL IS DISMISSED IN ABOVE TERMS . ORDER PRONOUNCED IN THE OPEN COURT ON 4 TH OCTOBER, 2021 SD/- SD/- (LAXMI PRASAD SAHU) (S.S.G ODARA) ACCOUNTANT MEMBER JUDICIAL MEM BER HYDERABAD, DATED: 04-10-2021 TNMM ITA NO. 1837/HYD/2017 :- 3 -: COPY TO : 1.INCOME TAX OFFICER, WARD-15(4), HYDERABAD. 2.SHRI ARUN KUMAR ETTA, PROP: KARTHIKA TRADERS, FLA T NO.102, SREE LAKSHMI BALAJI RESIDENCY, BODUPPAL HYDERABAD. 3.CIT(APPEALS)-7, HYDERABAD. 4.PR.CIT-7, HYDERABAD. 5.D.R. ITAT, HYDERABAD. 6.GUARD FILE.